Scotiabank
BNS
346 hedge funds and large institutions have $24.1B invested in Scotiabank in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 113 increasing their positions, 132 reducing their positions, and 57 closing their positions.
71% more call options, than puts
Call options by funds: $188M | Put options by funds: $110M
0.77% more ownership
Funds ownership: 48.25% → 49.02% (+0.77%)
9% less funds holding
Funds holding: 379 → 346 (-33)
14% less repeat investments, than reductions
Existing positions increased: 113 | Existing positions reduced: 132
19% less funds holding in top 10
Funds holding in top 10: 42 → 34 (-8)
28% less capital invested
Capital invested by funds: $33.2B → $24.1B (-$9.17B)
49% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity International
Hamilton,
Bermuda
|
+$943M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$312M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$238M |
| 4 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$120M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$113M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$550M |
| 2 |
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
|
-$280M |
| 3 |
OAC
OMERS Administration Corp
Toronto,
Ontario, Canada
|
-$205M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$166M |
| 5 |
Fiera Capital (Canada)
Montreal,
Quebec, Canada
|
-$118M |
BNS Hedge Fund Activity: Q1 2020 in Review
346 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Scotiabank (BNS) for Q1 2020, worth a combined $24.1B — down 28% from $33.2B a quarter earlier.
Sellers outnumbered buyers: 57 funds closed out of BNS and 29 opened new positions — a net loss of 28 holders — while 132 trimmed existing stakes and 113 added.
The largest buyer was Fidelity International, adding an estimated $943M. The largest seller was Wellington Management Group, cutting an estimated $550M.
- 346 institutional investors held Scotiabank (BNS) as of Q1 2020, down from 379 in Q4 2019.
- Funds reported $24.1B of Scotiabank stock for Q1 2020, down 28% quarter-over-quarter.
- 29 funds opened new Scotiabank positions in Q1 2020 and 57 closed out, a net change of -28 holders.
- The largest Scotiabank buyer in Q1 2020 was Fidelity International, an estimated $943M added.
- The largest Scotiabank seller in Q1 2020 was Wellington Management Group, an estimated $550M sold.
Based on aggregated 13F filings for Q1 2020.